Amro Partners has welcomed two new investment managers to support its expansion into new European student housing markets. Wimjan Van de Wiel and Wladimir Baum have joined as investment managers, based in Amsterdam and Frankfurt respectively.
Van de Wiel joins from Capital Value where he was a residential real estate advisor focusing on build to rent and PBSA markets, whilst Baum joins from International Campus Group where he was a transaction manager for over four years.
Both will work alongside European senior managing director Rainer Nonnengaesser, focusing on acquisition opportunities and the development of Amro’s student housing pipeline as it grows its presence in the Dutch and German markets.
Nonnengaesser said: 'We are reviewing a strong pipeline of opportunities across the Netherland and Germany, and look forward to making a number of acquisition announcements later this year and in early 2024.
'Both Wimjan and Wladimir are excellent additions to the Amro team and I look forward to working closely with them to establish our position as a major player in both markets during the next 12 – 18 months.'
In addition to Amro’s Amsterdam office, which opened twelve months ago, a new Frankfurt office opened this week, located on Bockenheimer Landsrasse 31 in the centre of the city.
Amro plans to become a major player in the European student housing market over the next decade, building on its Iberian track record which now comprises over 3,100 beds across twelve transactions.
It is focused on capturing early market share arising from a shortage of dedicated student beds against a backdrop of rising demand, targeting the highest possible sustainability, wellbeing and connectivity ratings to create the most ESG- friendly residential portfolio in Europe.
Van de Wiel commented: 'I’m thrilled to join Amro Partners in the Netherlands as we expand our portfolio, capitalising on robust market fundamentals. Demand among the student population is growing and we will meet that need by creating high quality, inclusive communities.'
Baum said: 'Amro’s advanced approach to data and digitalisation, driven by their ESG commitments, is very appealing to the German market. I’m excited to join the team at the early stages of this journey.'
